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ECONOMY

Pokhara metropolis unveils budget of Rs 8.35 billion

Deputy mayor Manju Devi Gurung presented the budget in the 17th municipal assembly of the metropolitan city on Sunday. 
By REPUBLICA

GANDAKI, June 23: The Pokhara Metropolitan City has unveiled its annual budget of Rs 8.35 billion for the fiscal year 2025/26. 


Deputy mayor Manju Devi Gurung presented the budget in the 17th municipal assembly of the metropolitan city on Sunday. 


The budget has estimated the revenue of Rs 3.13 billion from federal conditional grants, Rs Rs 330.08 million from federal revenue sharing, Rs 528.7 million from federal equalization grant, Rs 0.815 million from province equalization grant. 


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Deputy mayor Gurung informed that the internal revenue is estimated to be Rs 5.22 billion. The metropolis is expected to receive Rs 1.1 billion from local revenue sharing and Rs 32.8 million from province revenue sharing. 


Key priorities of the budget include green, resilient and sustainable infrastructure development, and tourism promotion, the budget proposal stated. 


It has also laid emphasis on environment protection, preservation, solid waste management, inclusive, balanced and equitable development, institutional development, good governance promotion and quality service delivery.


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